Mastercard (MA) Operating Expenses (2009 - 2026)

Mastercard (MA) has reported Operating Expenses for 18 consecutive years, with $3.5 billion the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $3.5 billion, up 12.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.3 billion (up 10.37% YoY), and the FY2025 annual result was $13.9 billion, up 10.4% from the prior year.
• Operating Expenses was $3.5 billion for Q1 2026 at Mastercard, down from $3.9 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $3.9 billion in Q4 2025 and troughed at $2.2 billion in Q1 2022.
• Average Operating Expenses over 5 years is $3.0 billion, with a median of $2.9 billion recorded in 2024.
• Year-over-year, Operating Expenses grew 1.7% in 2023 and gained 25.14% in 2024.
• Over 5 years, Operating Expenses stood at $2.6 billion in 2022, then grew by 20.62% to $3.2 billion in 2023, then advanced by 11.81% to $3.6 billion in 2024, then grew by 9.72% to $3.9 billion in 2025, then fell by 10.4% to $3.5 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $3.5 billion in Q1 2026, $3.9 billion in Q4 2025, and $3.5 billion in Q3 2025.